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805 Trinity Dr 6,600 SF Office Building Hope, AR 71801 $1,910,000 ($289.39/SF) 7.50% Cap Rate



Investment Highlights
- Eight Years of Lease Term Remaining Backed by a Corporate Guarantee with a S&P Credit Rating of "A+''
- CHRISTUS Health is a Major Not-for-Profit Healthcare System Operating More than 600 Hospitals, Clinics, Urgent Care Centers and Other Healthcare Facil
- Modern, Purpose-Built Medical Facility Constructed in 2019, Reducing Near-Term Capital Improvement Risk
- Tenant Executed an Early Lease Renewal Through October 2034, Including a 15% Rental Increase Beginning in October 2029 Demonstrating CHRISTUS H
- Essential Primary-Care Location Providing Family Medicine, Preventive Care, Chronic-Disease Management and Pediatric Services to the Local Community
- Strategic Position Near Interstate 30, Providing Regional Connectivity to Texarkana, Little Rock and the Surrounding Southwest Arkansas Communities
Executive Summary
Marcus & Millichap is pleased to present 805 Trinity Drive, Hope, Arkansas. The medical office was constructed in 2019 and consists of approximately 6,600 square feet on a 1.22-acre parcel. The property is 100 percent occupied by Christus Trinity Mother Francis Health System operating through the CHRISTUS Trinity Clinic under a triple-net lease structure, with two five-year renewal options at market rates. The lease is supported by a corporate guarantee and an S&P credit rating of “A+”. There are approximately eight years remaining in the current lease term.
CHRISTUS Trinity Health System, operating locally through CHRISTUS Trinity Clinic, is part of the broader CHRISTUS Health network and serves as a primary source of family and preventive medical care for the Hope community. The clinic provides comprehensive services including wellness exams, chronic disease management, pediatric and adult primary care, preventive screenings, and minor procedures, supporting patients across all stages of life.
Located on Trinity Drive, the facility functions as a convenient neighborhood medical destination, offering ongoing care for conditions such as diabetes, hypertension, and other long-term health needs. It is staffed by family medicine physicians and advanced practice providers focused on continuity of care and long-term patient relationships.
The property benefits from its position along Trinity Street, a primarily residential and low-density commercial corridor that connects into Hope’s broader street network. The area provides convenient access to daily amenities and is located just minutes from the city’s primary commercial hubs along the Interstate 30 corridor and downtown Hope. Interstate 30 is a major east-west transportation artery in southwest Arkansas, linking the region to Texarkana to the west and Little Rock to the east, while U.S. Highway 67 provides additional regional connectivity.
Nearby, residents have access to grocery stores, restaurants, gas stations, and essential services concentrated around the I-30 corridor, along with schools, healthcare providers, and civic facilities throughout Hope. The area also benefits from local parks and community spaces, contributing to a well-rounded mix of residential convenience and regional accessibility.
CHRISTUS Trinity Health System, operating locally through CHRISTUS Trinity Clinic, is part of the broader CHRISTUS Health network and serves as a primary source of family and preventive medical care for the Hope community. The clinic provides comprehensive services including wellness exams, chronic disease management, pediatric and adult primary care, preventive screenings, and minor procedures, supporting patients across all stages of life.
Located on Trinity Drive, the facility functions as a convenient neighborhood medical destination, offering ongoing care for conditions such as diabetes, hypertension, and other long-term health needs. It is staffed by family medicine physicians and advanced practice providers focused on continuity of care and long-term patient relationships.
The property benefits from its position along Trinity Street, a primarily residential and low-density commercial corridor that connects into Hope’s broader street network. The area provides convenient access to daily amenities and is located just minutes from the city’s primary commercial hubs along the Interstate 30 corridor and downtown Hope. Interstate 30 is a major east-west transportation artery in southwest Arkansas, linking the region to Texarkana to the west and Little Rock to the east, while U.S. Highway 67 provides additional regional connectivity.
Nearby, residents have access to grocery stores, restaurants, gas stations, and essential services concentrated around the I-30 corridor, along with schools, healthcare providers, and civic facilities throughout Hope. The area also benefits from local parks and community spaces, contributing to a well-rounded mix of residential convenience and regional accessibility.
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Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,600 SF
Building Class
A
Year Built
2019
Price
$1,910,000
Price Per SF
$289.39
Cap Rate
7.50%
NOI
$143,250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,600 SF
Building FAR
0.12
Lot Size
1.22 AC
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 700-04641-002 | Improvements Assessment | $134,520 |
| Land Assessment | $31,590 | Total Assessment | $166,110 |
Property Taxes
Parcel Number
700-04641-002
Land Assessment
$31,590
Improvements Assessment
$134,520
Total Assessment
$166,110
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805 Trinity Dr
